Tags: Essay On Coaching Classes Advantages And DisadvantagesAquatic Vegatation PhotosythesisHistory Essay Verb TenseDoctoral Thesis In Strategic ManagementCedar Grove Schools Homework NowCreative Writing Competitions For TeenagersGulliver'S Travels Essays Human NatureM Phil English Dissertation
In addition, your business plan can serve several different functions, and each require a different set of documentation.Your plan can serve as a roadmap for your internal planning purposes only, it can be a recruitment tool for employees or investors, or it can support a request for funding from a financial institution.
Your goals for what you want the business plan to accomplish will dictate who your audience is, and the information you present will be shaped by that. This is a reflection on you and your business, so make sure it represents you well.
Proofread and check for errors in grammar and spelling.
The Small Business Administration suggests keeping a record of who has copies of your plan and what items you’ve included in the appendix. Do keep tight control over who you distribute it to.
You may want to consider having your readers sign a Non-Disclosure Agreement, or NDA, to help protect the confidentiality of your information.
It's doubtful that Violet Fane was referring to an appendix in a business plan when she wrote that “all things come to those who wait.” After all, Lady Mary Montgomerie Currie – as she was formally known – was an English poet who made her mark in the late 1800s.
Then again, small-business owners wrote business plans during her lifetime, and her oft-repeated phrase captures almost perfectly the bounty of information that can be found at the very end of what is usually a lengthy document.
For example, when you talk about your planned advertising campaign in the Sales and Marketing section, you can refer to “Appendix, Section IV” for copies of what the ads may look like.
If the appendix contains a lot of material, you can also consider using tabs to break it up, which will make it even easier to locate things.
It does take a lot of time and effort to research and write a solid plan, but it will come back to you in spades.
A business plan follows a specific format, so follow the guidelines we’ve set out for you in the following articles: Business Plans 101 Section 1 Business Plan Executive Summary Section 2 Business Plan Company Description Section 3 Business Plan Organization and Management Section 4 Business Plan Products and Services Section 5 Business Plan Market Analysis Section 6 Business Plan Sales and Marketing Section 7 Business Plan Funding Request Section 8 Business Plan Financial Plan Section 9 Business Plan Appendix If you’ve already read the series, you’ve heard this before: it’s imperative to always keep your audience in mind.